Factory overhead absorption rate of a pharmaceutical is, Ask an Expert

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Factory overhead absorption rate of a pharmaceutical is Rs2.50. Budgeted Factory overhead at two activity levels is asfollows for that period.

	Activity level	Budgeted factory overhead
Low	20,000 Hours	Rs. 45,000
High	40,000 Hours	Rs. 75,000

Actual Factory overhead for that period was Rs. 42,000 andactual volume was 25,000 hours.

Required:

i) Variable factory overhead absorption rate

ii) Budgeted variable factoryoverhead at high activity level 40,000 hours.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797779

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